LEGAL PROFESSION ACT 1987 - SECT 48ZAA Indemnity insurance

This legislation has been repealed.

LEGAL PROFESSION ACT 1987 - SECT 48ZAA

48ZAA Indemnity insurance

(1) A locally registered foreign lawyer who practises foreign law in the State must have appropriate indemnity insurance in respect of his or her practice in the State.

(2) A locally registered foreign lawyer registered by the Bar Council has appropriate indemnity insurance if there is in force in respect of the lawyer a policy of indemnity insurance that provides a level of insurance in respect of his or her practice in the State that is the same as (or higher than) that approved by the Attorney General in respect of insurable barristers under section 38R (2) (b).

(3) A locally registered foreign lawyer registered by the Law Society Council has appropriate indemnity insurance if there is in force in respect of the lawyer a policy of insurance:

(a) that provides a minimum level of indemnity in respect of his or her practice in the State that is the same as (or higher than) that provided by an approved insurance policy required by section 41, and

(b) the terms of which are broadly equivalent to such an approved insurance policy.